Blasdel Drilling LLC | Application Preview
Blasdel Drilling LLC is requesting government grants to address several financial needs, including repaying loans taken for operational expenses and payroll, covering fuel costs, and increasing working capital while paying down an SBA loan.
The business aims to use the funding primarily to eliminate the SBA loan and invest in acquiring an additional drilling rig, which is expected to create more job opportunities.
The company emphasizes its commitment to safety and quality by employing qualified workers and utilizing experienced professionals, such as a skilled line locator equipped with a Mclaughlin locator for verifying drill paths. Blasdel Drilling LLC strives to establish itself as a top-tier cable and utility contractor.
Although the applicant does not identify specific competitors, they express confidence in their commitment to safety and delivering high-quality work as their competitive advantage.
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General Information
Business Registration Number: Blasdel Drilling LLC
Location: Richmond, TX, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $500k to $1M
Annual Gross Expense: $500k to $1M
Open to Loans: NO
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Funding Usage
Pay off loans that we have borrowed for expenses & pay Roll Fuel Working Capital Pay down SBA loan
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Business Plan
Pay off the SBA loan . Our gold is to buy another drilling Rig. Which will ensure more jobs. We work safe, We do hire qualified workers to drill & to locate lines, we have a line locater that has several years of experience who uses a Mclaughlin locator to sweep the area after the one calls. to double check the drill path. We work hard to be a premier Cable and utility Contractor
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Self Identified Competition
I really don't know who the three competitors would be. Only that we will do our best to work safe & do the best job that we can on each and every job we do.
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Contact Applicant
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